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Household saving rate during COVID-19 in the EU 27 Q1 2020-Q3 2020

Gross household saving rate during coronavirus (COVID-19) in the European Union - 27 countries from 1st quarter 2020 to 3rd quarter 2020

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Source

Release date

February 2021

Region

EU

Survey time period

Q1 2020 to Q3 2020

Supplementary notes

The gross saving rate of households is defined as gross saving (ESA 2010 code: B8g) divided by gross disposable income (B6g), with the latter being adjusted for the change in the net equity of households in pension funds reserves (D8net). Gross saving is the part of the gross disposable income which is not spent as final consumption expenditure (ESA 2010 8.96). Indicator described is calculated on the basis of quarterly sector accounts data by institutional sectors. Household sector comprises all households, household firms and Non Profit Institutions Serving Households (NPISH) (ESA 2010 codes S14 and S15). Sector accounts are compiled in accordance with European System of Accounts (ESA 2010). Data are expressed in percentage, in non-seasonal adjusted as well as in seasonal and calendar adjusted form.

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